South Korea's FSS launches a full-scale probe into ETF operations, requesting detailed data from major asset managers to address market integrity and investor protection concerns f...
A significant gap in ROE between JPMorgan Chase and Korean financial holding companies highlights the need for strategic shifts in asset management and government intervention impa...
Sebi enforces a new rule requiring asset management companies to deploy funds collected through NFOs within 30 days of allotment, effective April 2025. This aims to improve liquidi...
Prudential considers selling part of its stake in ICICI Prudential Mutual Fund through an IPO, marking a significant move in the asset management sector. This strategic divestment ...
China introduces a pilot program allowing insurance funds to invest in gold, aiming to diversify investment portfolios and improve asset-liability management. The NFRA will closely...
Generali and Natixis Investment Managers are joining forces to create Europe's second-largest fund management entity, managing a €1.9 trillion portfolio. This 15-year partnership, ...
BlackRock Inc. announced a 23% revenue increase to $5.68 billion in Q4 2024, with a 16% rise in EPS to $10.63. The firm's net income grew by 21% to $1.67 billion, and AUM reached $...
Mark Wiedman, a key executive at BlackRock and potential successor to CEO Larry Fink, is leaving the firm. His departure, reported by the Financial Times, raises questions about Bl...
